RE: Bad news out, bounce back potential10 Nov 2021 19:54
We are in November now, and have December, January, February to go. These are the coldest and wettest months of the year in the UK.
So for 4 months the more senior demographic are going to want to get out, as have been house bound for 2 years, but not in the cold/wet, as such they will flock to wetherspoons in their masses for warm and community.
The share is down due to slow trade, well we have now entered the period that will be a great time for revenue, and image the deals that wetherspoons will put on to drive traffic from their competitors will be fierce.
Solid buy and hold.